Gabelli Equity Trust: A 5.00% Preferred Stock IPO From This CEF [Seeking Alpha]
Gabelli Equity Trust, Inc. (The) (GAB)
US:NYSE Investor Relations:
gabelli.com/funds/products/-111.html
Company Research
Source: Seeking Alpha
Summary Overview of Gabelli Equity Trust's new Series K preferred stock. Brief view of all "The Gabelli CEF" preferred stocks. Comparison with the main fixed income benchmark. Comparison with all other investment-grade preferred stocks with a fixed-rate distribution. Introduction Our goal is to present to you our IPO analysis for every new fixed-income security that enters the market and to find out if there is any trading potential. In this article, we want to shed light on the newest preferred stock issued by GAB The New Issue Before we submerge into our brief analysis, here is a link to the 497 Filing by Gabelli Equity Trust Source: SEC.gov For a total of 4M shares issued, the total gross proceeds to the company are $100M. You can find some relevant information about the new preferred stock in the table below: Author's spreadsheet Gabelli Equity Trust Inc. 5.00% Series K Cumulative Preferred Stock GAB-K Standard & Poor's, Moody's Investors Service Here is the product's Yield-to-Cal
Show less
Read more
Impact Snapshot
Event Time:
GAB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GAB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GAB alerts
High impacting Gabelli Equity Trust, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GAB
Sec Filings
- 11/15/24 - Form POS
- 9/6/24 - Form N-CSRS
- 8/30/24 - Form N-PX
- GAB's page on the SEC website